When did Iridium Communications report Q3 2024 earnings?

Iridium Communications (IRDM) reported Q3 2024 earnings on October 17, 2024 before market open.

What were Iridium Communications's Q3 2024 revenue and EPS?

Iridium Communications reported revenue of $212.8M and diluted EPS of $0.21 for Q3 2024.

Did Iridium Communications beat estimates in Q3 2024?

Revenue beat the consensus estimate of $203.6M by $9.1M. EPS beat the consensus estimate of $0.20 by $0.01.

Where can I find Iridium Communications's Q3 2024 SEC filings?

You can read the 10-Q periodic report (0001628280-24-042983) directly on SEC EDGAR. The filing index links above go to sec.gov.

Iridium Communications IRDM Q3 2024 earnings

Reported October 17, 2024 · Before market open

Revenue$212.8MBeat by $9.1M Diluted EPS$0.21Beat by $0.01

Revenue estimate$203.6M

EPS estimate$0.20

Next report

Jul 22, 2026 (In 1 week)

Revenue estimate$220.3M

EPS estimate$0.26

Financials

Q3 2024

Income statement

See full

Revenue$212.8M+7.7%

Operating income$54.9M+94.8%

Net income$24.4M+1,589%

EPS (diluted)$0.21+2,200%

Balance sheet

See full

Cash & equivalents$159.6M+135%

Total equity$663.8M-28.2%

Total assets$2.8B+1.7%

Cash flow

See full

Operating cash flow$118.6M+66.8%

CapEx$18.6M+55.2%

Free cash flow$100.0M+69.2%

Valuation & ratios

Valuation

as of 09/30/24

See full

Market cap$3.58B-37.2%

P/E31.2×—

P/S4.4×-2.8×

Profitability

See full

Operating margin23.9%+17.1pp

Net margin14.1%+12.1pp

FCF margin36.6%+7.0pp

Returns & leverage

See full

Return on equity14.4%+12.7pp

Current ratio2.6×+0.5×

Segments

By product

See full

Services$159.9M+5.2%

Commercial Voice and Data Services$57.7M+2.7%

IoT data$43.7M+13.6%

Engineering and support services$30.7M+21.9%

Hosted payload and other data$16.4M+9.0%

By geography

See full

United states$109.5M+1.5%

CANADA$22.1M+34.4%

Versus estimates

Revenue

Q1 2026$219.1MBeat by $664.0K Q4 2025$212.9MMiss by $5.1M Q3 2025$226.9MBeat by $7.8M Q2 2025$216.9MMiss by $5.8M Q4 2024$213.0MBeat by $3.5M

Q3 2024$212.8MBeat by $9.1M

Diluted EPS

Q1 2026$0.20Miss by $0.07 Q4 2025$0.24Beat by $0.01 Q3 2025$0.35Beat by $0.09 Q2 2025$0.20Miss by $0.03 Q4 2024$0.31Beat by $0.16

Q3 2024$0.21Beat by $0.01

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Questions, answered.

When did Iridium Communications report Q3 2024 earnings?: Iridium Communications (IRDM) reported Q3 2024 earnings on October 17, 2024 before market open.
What were Iridium Communications's Q3 2024 revenue and EPS?: Iridium Communications reported revenue of $212.8M and diluted EPS of $0.21 for Q3 2024.
Did Iridium Communications beat estimates in Q3 2024?: Revenue beat the consensus estimate of $203.6M by $9.1M. EPS beat the consensus estimate of $0.20 by $0.01.
Where can I find Iridium Communications's Q3 2024 SEC filings?: You can read the 10-Q periodic report (0001628280-24-042983) directly on SEC EDGAR. The filing index links above go to sec.gov.